(VIANEWS) – GBP/EUR (GBPEUR) has been up by 2.07% for the last 21 sessions. At 20:10 EST on Wednesday, 14 August, GBP/EUR (GBPEUR) is $1.16.
GBP/EUR’s yearly highs and lows, it’s 2.086% up from its 52-week low and 2.364% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.15%, a negative 0.07%, and a positive 0.17%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.18% (last week), 0.22% (last month), and 0.17% (last quarter), respectively.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, GBP/EUR’s Forex is considered to be oversold (<=20).
News about
- Eur/usd edges higher above 1.0900, US PPI data looms. According to FXStreet on Tuesday, 13 August, "The EUR/USD pair trades in positive territory around 1.0940 during the Asian session on Tuesday. ", "The rising bets on the Fed rate cut are likely to weigh on the US Dollar (USD) and create a tailwind for EUR/USD for the time being."
- Eur/usd finds the high side amid broad-base greenback softness. According to FXStreet on Tuesday, 13 August, "Despite Tuesday’s rally, EUR/USD remains trapped under last week’s peak bids just north of 1.10000. "
- According to FXStreet on Wednesday, 14 August, "Eren Sengezer, European Session Lead Analyst at FXStreet, offers a brief technical outlook for EUR/USD and explains: "EUR/USD’s near-term technical picture suggests that the bullish bias remains intact, with the Relative Strength Index (RSI) indicator on the daily chart holding comfortably above 50. ", "If EUR/USD manages to flip 1.1000 into support, it could target 1.1140 (December 28, 2023, high) next. "
- According to FXStreet on Wednesday, 14 August, "Markets see the uptick in EUR/USD into the upper half of the 1.09-1.10 range as the start of a longer-lasting upward trend. "
More news about GBP/EUR (GBPEUR).
